On 21st May, 2020, after a span of two years, the Bombay Municipal Corporation (BMC) released the under-construction building in Godrej Baug, that it had sealed for the non-payment of Land Under Construction (LUC) dues.
The Bombay Parsi Punchayet Trustees followed up diligently with the BMC and were successful in getting the property released, after making the payment in March and April 2020, having drastically reduced the due amount by more than half.
This project was started by the earlier BPP Board and amended mid-way after the construction of nine storeys. The construction work on this building, that lay abandoned ten years ago, can now recommence, once the BPP gets appropriate permissions and meets it statutory responsibilities.
This plot was earlier released under the Urban Land Ceiling Act, where there was a restriction on the size of houses that could be built. The 40 sq.meter (approx. 430 sq. feet) sized houses, which were then permitted would have affected the viability of this project. Even so, the earlier board had gone ahead with the construction despite these restrictions in place.
However, in August 2019, thanks to the Supreme Court appointed Sri Krishna Commission, the Government passed a notification, which allows the houses to be built and sold, at the increased size of 80 sq. meters.
The income generated on the successful completion of this project will go a long way in resolving the chronic cash crunch that the BPP has been riddled with for some time. Here’s hoping that the construction work commences soon to that end.
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